506 Richland St
Richland, IA 52585
3 bd 1 ba 1,050 sqft Built 1920 Lot 17,424 sqft single_family
Most recent sale
$74,500
Mar 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 25, 2024 | Listing removed | $72,500 | NoCoastMLS |
| Jun 27, 2022 | Listing removed | $72,500 | SouthEastIowa |
| Mar 8, 2022 | Sold | $74,500 | Public Record |
| Feb 3, 2022 | Sold | $74,500 | MLS #6110330 |
| Oct 7, 2021 | Listed | $74,500 | MLS #6110330 |
| Feb 17, 2020 | Listed | $72,500 | MLS #5486504 |
| Jan 11, 2020 | Listed | $72,500 | MLS #5361412 |
| Aug 13, 2019 | Relisted | $75,000 | MLS #20172937 |
| Feb 11, 2019 | Listed | $75,000 | MLS #20172937 |
| Nov 19, 2014 | Sold | $57,500 | MLS #5376652 |
| Oct 27, 2014 | Listing removed | $63,000 | Fairfield |
| Sep 20, 2014 | Listed | $63,000 | MLS #15710 |
| Dec 21, 2012 | Sold | $54,500 | MLS #5371025 |
| Nov 29, 2012 | Listing removed | $57,500 | Fairfield |
| Apr 3, 2012 | Listed | $57,500 | MLS #14781 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $62,490 | $27,720 | $90,210 | $1,186 |
| 2024 | $62,490 | $27,720 | $90,210 | $1,154 |
| 2023 | $54,400 | $18,480 | $72,880 | $1,238 |
| 2022 | $49,400 | $18,480 | $67,880 | $1,056 |
| 2021 | $49,400 | $18,480 | $67,880 | $984 |
| 2020 | $47,660 | $13,200 | $60,860 | $960 |
| 2019 | $47,660 | $13,200 | $60,860 | $870 |
| 2018 | $41,060 | $13,200 | $54,260 | $818 |
| 2017 | $41,060 | $13,200 | $54,260 | $818 |
| 2016 | $38,210 | $13,200 | $51,410 | $796 |
| 2014 | $38,210 | $13,200 | $51,410 | $838 |
| 2013 | $40,200 | $13,200 | $53,400 | $820 |
| 2012 | $32,020 | $13,200 | $45,220 | $810 |
| 2011 | $32,020 | $13,200 | $45,220 | $862 |
| 2007 | $40,740 | $5,940 | $46,680 | $788 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,050 sqft
Lot size
17,424 sqft
ZIP code
52585
City
Richland
Street
Richland St
Coordinates
41.18898, -91.99409
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$447
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Richland St last sell?
506 Richland St most recently sold on Mar 8, 2022 for $74,500.
What is the current tax assessment for 506 Richland St?
The most recent total assessment for 506 Richland St (year 2025) is $90,210 with $1,186 in property tax.
How does 506 Richland St's assessment compare to its last sale price?
The current assessment is 21.1% above the last sale price of $74,500.
When was 506 Richland St built?
506 Richland St was built in 1920.
How does 506 Richland St compare to others on Richland St?
We track 6 other properties on Richland St. Browse the list under "Other properties on Richland St" to compare beds, baths, and sale history.
What are the property facts for 506 Richland St?
506 Richland St is a 3 bed, 1 bath, 1,050 sqft, 17,424 sqft lot single_family.
Is 506 Richland St a flip candidate?
No — 506 Richland St does not appear in our flips dataset.
Is 506 Richland St a tax-appeal candidate?
Yes — 506 Richland St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.5%
Implied 1-yr
+18.0%
2025 Q4
$233.1K
2026 Q1
$241.2K
ZIP 52585 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Richland St